On Dec. $22$ the V$.$P$.$ Finance informs you that the availability of capital will be extremely tight next

year. As a consequence, he asks you to develop a radically different type of aggregate plan based

on a "Chase" strategy. Ending inventory and backorders is to be zero at the end of each quarter.

The V$.$P$.$ Manufacturing says he realizes this type of strategy will require him to abandon his beloved

"level" strategy and for you to vary the total output rate from one quarter to another. The

productivity planning factors for each type of output are repeated here $($note that there are some

limits in a couple of the categories$).$

Finally, the Personnel Manager informs you that, due to end of the year retirements, only $32($not $45)$ full$-$

time employees will be on the payroll as of the beginning of Qtr$.1.$ These retirements will occur at the end

of the prior year. As such, you do not show a layoff adjustment at the start of Qtr$.1.$

Using the original forecasts and beginning inventory information for problem $1,$ develop a "chase" plan,

following the guidelines noted above.AGGREGATE PLANNING WORKSHEET